Gus Grissom Plan, The American Cooperative on Lake PhalenSaint PaulMN55109
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Saint Paul at Gus Grissom Plan, The American Cooperative on Lake Phalen, Saint Paul, MN, 55109 offers $1,960/mo rent that, after a $1,337/mo payment, leaves $254/mo cash flow. Total monthly income is $1,960/mo, and annual cash flow is $3,050/yr on $90,568 cash. Return on cash invested measures 23.28% in year one, and rental yield stands at 8.61% at a $273,208 entry. Equity gained on principal adds $1,763/yr while 5% annual appreciation compounds into $75,482 by year five. Five-year ROI records 121.02% and total cumulative return in cash reaches $109,608. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,960/mo property income versus a $1,337/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55109, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,593 (100%) |
| Owner Occupied HU | 8,396 (61.8%) |
| Renter Occupied HU | 4,615 (34.0%) |
| Vacant Housing Units | 582 ( 4.3%) |
| Median Home Value | $346,411 |
| Average Home Value | $373,099 |
Housing Distribution
Address Breakdown
Residential
14,246
Single Family
10,131
Multi-Family
4,115
Businesses
1,051
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Listed by: N/A • Gramercy Development
Mls Name: Gramercy Development
Mls ID: #N/A